BODs Role Guide Alignment BODs Role Culture of Mutual Accountability Cross Cutting Strategies Implement Data Indicators Project Grow data driven strategy amp granting Allocate 60 of the Grants Budget to Strategic granting in Education Health amp Well Being and Community ID: 742067
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Slide1
Hyper-Local Matters
Bellingham, Washington 2015Slide2Slide3
BOD’s Role: Guide AlignmentSlide4
BOD’s Role: Culture of Mutual AccountabilitySlide5
Cross Cutting Strategies
Implement Data Indicators Project. Grow
data driven
strategy
&
granting.
Allocate 60% of the Grants Budget to Strategic granting in Education, Health & Well Being and Community Cohesion: 40% to Responsive .
Continue to increase
“net”
grant: grow technology, reduce time/cost/lower transaction costsIncrease Community Engagement.Nurture vitality of committee work and board engagement.Nurture and grow staff.Nurture and grow philanthropic partners. Slide6
Increase and Align Resources
Goal
3
Increase and align resources for the benefit of our community
The Foundation is committed to inspiring and attracting financial resources, intellectual expertise and citizen engagement to deal with the most pressing issues in the Valley.
We want to continue building on that core competency and to reach new donors,
as well as new philanthropic and
public partners.
Barring large quick changes in the environment (like ACA and health coverage), most movement on community indicators happens incrementally
.
Focus investments on communities where indicators are substantially worse than the county average
.
Moving indicators in those communities will move the County average.Slide7
Yakima County
11/10/2015
7
—Slide8
Quick Facts about Yakima County
Agriculture
foundation
of Yakima County’s economy
100
years
1
st
in the nation in Hop Production; leading in apples and tree fruit 2nd largest county in the State 2.75 million acres3 non taxable entities own or control 1.7 million acres 63%:The Yakama Nation, US Forest Service, US Military Reservation10th largest city in the state with 35% of the population of 249,970; about 2/3 of the population reside within unincorporated areas of the County11/10/20158 —Slide9
Quick Facts: Yakima County
11/10/2015
9
—Slide10
The Adaptive Challenge. Creating Equitable Access to Opportunity
For the last 50 years Yakima County has ranked in the top 3 of the poorest counties in Washington State.
11/10/2015
10
—Slide11
Addressing the forces that Create
Poverty
State Tax System - most regressive in the nation.
A family of four earning less than $24,000 a year (close to 25%) pays 7 times the tax of the highest income earners.
Education Funding
With
high tax rates, poor districts often can raise only a fraction as much. Bellevue, for example, raises $2,854 per student with a rate of $1.25 per $1,000 of assessed
valuation.
Yakima, in contrast, raises $900 per student with a rate of $3.13 per $1,000. In other words, Yakima must tax at more than twice the rate of Bellevue to get a quarter of the money.
Utilities produced by crumbling infrastructure largest source of small town revenue11/10/201511
—Slide12
Financing Tools to Braid Resources
Existing Funding mechanisms:
Are
insufficient in design and amount to address the root causes of poverty
creation.
Under
-invest in prevention, leading to greater expenditures in
remediation.
Are
jurisdictionally siloed.Are not tied to outcomes or data driven.Typically fund a set quantity of services Are geared to urban areas making them too expensive and too complex to apply on this scale11/10/201512 —Slide13
What will the funding mechanism(s) fund?
11/10/2015
13
—
Leverage parental engagement & community culture School Sports, Parks and Recreation with trauma informed staffing
.
Replace/Repair crumbling infrastructure as identified in existing Capital Facilities plansSlide14
Aggregate and Braid Financial Capital
11/10/2015
14
—
Realign Existing School Municipal Bond Debt
Access New Market Tax Credits
Social Impact Bond component to realign existing resource allocations
Provide and attract philanthropic equitySlide15
Grow Effectiveness of Human Capital – Our Partners
Two
sovereign nations, the United States of America and the Yakama Nation;
New Yakima Council on Governments
8 incorporated Cities or towns eight
are within the focus area (Grandview, Granger, Harrah,
Mabton
, Sunnyside, Toppenish, Wapato and Zillah).
Two Port Districts,
Eight School DistrictsCommercial Investment Banking and BanksPhilanthropic Equity11/10/201515 —Slide16
Why Invest ?
Yakima is becoming the Silicon Valley of Non Profit Excellence. We work with the people working out of their garage on Innovation in the social sector connecting ideas, people and resources.
11/10/2015
16
—Slide17
New Day In Yakima County
11/10/2015
17
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